University of Phoenix MaterialDefinitionsDefine the following terms using your text or other resources. Cite all resources consistent with APA guidelines. TermDefinitionResource you usedTime value of moneyThe time value of money is a simple financial principle that believes money received today is worth more than an equal amount received in the future.Week 1 Course Material & Internet OctotutorEfficient marketA theoretical efficient market occurs when information flows freely, allowing supply and demand to react instantly to market changes.Week 1 Course Material & Internet OctotutorPrimary versus secondary marketIn the stock market, the primary market one that issues a new security, such as an initial public offering. A secondary market is one that trades a security after the initial availability. Week 1 Course Material & Internet OctotutorRisk-return tradeoffThe po